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Wed 12 Jun 2002, 0:00 Sycom Property Fund - Cautionary Announcement
SYCOM PROPERTY FUND - CAUTIONARY ANNOUNCEMENT                                   
SYCOM PROPERTY FUND                                                             
   (Incorporated in the Republic of South Africa)                               
(Registration number 1986/002756/06)                                         
   JSE Share code: SYC   ISIN: ZAE000019303                                     
   ("Sycom" or "the Fund")                                                      
A unit trust scheme in property shares registered in terms of the Unit          
Trusts Control Act, No 54 of 1981 and managed by NIB Property Fund Managers     
Limited                                                                         
Cautionary Announcement                                                         
   Unitholders are advised that Sycom is currently involved in certain          
negotiations which may have an effect on the price of the Fund`s units.         
Accordingly, Sycom unitholders are advised to exercise caution when dealing     
in the Fund`s units until a full announcement is made.                          
   Johannesburg                                                                 
13 June 2002                                                                 
Investment bank and sponsor                                                     
  Nedcor Investment Bank                                                        
Asset manager                                                                   
Coronib                                                                       
  Property Asset Managers                                                       
Date: 12/06/2002 02:50:16 PM Produced by the SENS Department                    


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